NOTES SAID TO BE BACK IN CIRCULATION

Dominion, Volume 28, Issue 89, 9 January 1935, Page 9

NOTES SAID TO BE BACK IN CIRCULATION

Placed in Incinerator at Sydney MAY HAVE BEEN BLOWN OUT THROUGH FUNNEL By Telegraph.—Press Asm.—Copyright. (Received January 8, 5.55 p.m.) Sydney, January 8. The Sydney “Sun'’ publishes a sensational story that a portion of £1,750,000 worth of Bank of New Zealand notes placed in an incinerator at Sydney for destruction escaped the fire in some mysterious- manner and were now in circulation there and in New Zealand. Detectives are testing the theory that after the notes were placed in the furnace some may have been blown through the funnel by the violent draught. Police state that the notes bore no official signatures and had the corners clipped to deface them, - but this would possibly escape the notice of the average person. The notes were shipped from Wellington to Sydney in order to enable the bank authorities to obtain a refund of Customs duty when the Reserve Bank notes replaced them. TWO NOTES PRESENTED One at Auckland, One at Sydney Mr. F. W. Dawson, general manager of the Bank of New Zealand, to whom this message was referred last night, stated that so far only two of the “notes.” both £lO ones, had been presented for payment, which had been refused. One was presented at Auckland, and the other at Sydney. The notes, which were among those placed in the incinerator at Sydney for destruction, had two corners clipped, and bore no official signatures. The destruction of the notes was carried out under the supervision of responsible officers, and it is thought probable that when the fastenings of some of the bundles were broken a few might have escaped burning and been carried out. of the furnace by the draught. In any case, notes of the trading banks in New Zealand cease to bo legal tender after to-morrow.